Auto Warranty Companies Fight For Your Business
extended auto warranty - The industry of auto warranty companies is actually a fiercely competitive one. There are a limited number of cars on the streets - granted, there are many them, and each one of them, at some point or still, has or enjoyed a warranty - but with the large number of companies fighting for your business of the drivers, this means that each and every car owner is definitely the target of some very hungry sales reps.
This is definitely a daunting position to remain for any car owner. Regardless if you are purchasing a new car from a dealership, or investing in a used car, you will see people selling you their warranty services.
In the dealership, you could run into a pushy sales person who will try everything they could to help you get to sign on to have an extended warranty once you help make your initial purchase. You will find benefits to buying during those times, including having the costs of the warranty rolled up in to the financing for the car, and understanding that your dealership will continue being the spot to possess any repairs or replacements done. However these comforts might end up costing you hundreds or thousands of dollars in the end. Sales representatives make huge commissions on warranties, so they're eager to get you to sign up for one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you should pay more up-front with those third-party companies, as opposed to adding a little number in your monthly car payment bills. Nevertheless it would likely save you money.
But as not every car sales representative is out to rip you off, not all third-party providers are excellent guys, either. The terms and conditions of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you as a client, so use that in your favor. Compare prices, look at all of the relation to the warranties offered, and tell the companies you consult with “hey, cause me to the best offer.” If they can't, someone else will.